South Lebanon Real Estate Guide
Downtown living, walkable charm
South Lebanon is the most walkable neighborhood in Lebanon, Oregon, anchoring the downtown core with tree-lined streets, classic 1940s–60s bungalows, and updated craftsman homes. Typical prices run $320K–$420K with an average of $358K, homes sit on the market about 71 days, and the area is a top pick for first-time buyers, downsizers, and history buffs who want character over new construction.
What you'll find here
A snapshot of the housing stock, lots, and lifestyle that define South Lebanon.
Housing stock
Primarily single-family homes — a mix of 2–3 bedroom bungalows from the mid-century and updated 3–4 bedroom craftsman-style homes. Some townhomes near downtown.
Lot sizes
Smaller, in-town lots typically 5,000–8,000 sq ft. Tree-lined streets and walkable blocks — the trade-off for being close to everything downtown.
Who lives here
A tight-knit mix of first-time buyers, downsizers, and long-time Lebanon residents. Neighbors know each other and community events at the library and parks are well-attended.
Daily lifestyle
Walk to coffee, browse the Saturday farmers market, stroll Cheadle Lake, and grab dinner on Main Street. Convenience and character over new construction.
Quick stats
South Lebanon market snapshot, Q1 2026.
Local highlights
Parks, retail, and landmarks within a short walk or drive.
Cheadle Lake Park
80-acre lake with fishing, trails, and picnic areas — a short walk from most South Lebanon homes.
Lebanon Public Library
Community hub with regular events, programs, and a children's wing.
Main Street shops & restaurants
Walkable downtown district with local coffee roasters, restaurants, and small retail.
Saturday Farmers Market
Seasonal produce and local vendors May through October — a defining South Lebanon weekend ritual.
River Park
Santiam River access with walking trails and quiet picnic spots.
Ralston Park Pool
Public outdoor swimming pool, popular all summer with families.
Schools serving South Lebanon
All part of Lebanon Community School District 9 (91% graduation rate).
Cascades Elementary
Primary elementary school for South Lebanon families, walking distance from many homes.
Lebanon Middle School
Serves all Lebanon middle-grade students — centrally located.
Lebanon High School
District-wide high school with a 91% graduation rate, strong CTE and athletics programs.
Compare to other Lebanon neighborhoods
South Lebanon is the most affordable entry. Here's how it stacks up.
See homes for sale in South Lebanon
Browse current listings or talk to Team Gillott about what's coming on the market.
